Cointime

Download App
iOS & Android

Bloomberg analyst: If ICB classifies MSTR as a financial stock, it will not be eligible for inclusion in the Nasdaq 100

James Seyffart, an analyst at Bloomberg, stated in a post on X platform that whether Microstrategy (MSTR) can be classified as Nasdaq 100 may depend on its ICB classification. If the company's operational business is software as a service, it will be classified as a technology stock. However, its stock price performance is now largely linked to financial engineering due to its purchase of Bitcoin. Chairman Michael Saylor has stated that he hopes to transform MicroStrategy into a "Bitcoin bank". If ICB reclassifies MicroStrategy as a financial stock, it will not qualify for Nasdaq 100.

Comments

All Comments

Recommended for you

  • US Spot Ethereum ETF Sees Net Inflow of $102.17 Million Yesterday

    On August 29, according to monitoring by Trader T, the US spot Ethereum ETF recorded a net inflow of $102.17 million yesterday.
  • US Spot Ethereum ETF Sees Net Inflow of $102.17 Million

    On August 29, according to monitoring by Trader T, the US spot Ethereum ETF experienced a net inflow of $102.17 million yesterday.
  • US Spot Bitcoin ETF Sees Net Outflow of $201.81 Million

    On August 29, according to monitoring by Trader T, the US spot Bitcoin ETF experienced a net outflow of $201.81 million yesterday.
  • US Spot Bitcoin ETF Sees Net Outflow of $201.81 Million Yesterday

    On August 29, according to monitoring by Trader T, the US spot Bitcoin ETF experienced a net outflow of $201.81 million yesterday.
  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,009.49. The 24-hour decline has narrowed to 3.23%. Due to significant market fluctuations, please ensure proper risk management.
  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,009.49, with a 24-hour decline narrowing to 3.23%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Briefly Drops Below $77,000

    Market data shows that BTC briefly fell below $77,000, currently reported at $77,694, with a 24-hour decline of 3.3%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Briefly Drops Below $77,000

    Market data shows that BTC briefly fell below $77,000, currently reported at $77,694, with a 24-hour decline of 3.3%. The market is experiencing significant fluctuations, so please ensure proper risk management.
  • BTC Falls Below $78,000

    Market data shows that BTC has fallen below $78,000, currently priced at $77,876.01, with a 24-hour decline of 3.1%. The market is experiencing significant volatility, so please ensure proper risk management.
  • Analyst Andrew Sacher: Waller's Remarks Undermine Market Dovish Expectations

    On August 28, analyst Andrew Sacher stated: "Previously, some believed that Federal Reserve Chairman Waller advocated for using alternative inflation measures to select the one most favorable to him. However, in this speech, his approach was quite the opposite. He dissected PCE inflation and found that 49% of its components had an annualized price increase exceeding 3%, categorizing this level as 'quite high.' His discussion on the labor market was also hawkish, focusing on low unemployment rates and initial jobless claims. The usually closely watched non-farm payroll numbers were only briefly mentioned." (Jinshi)